Luxottica's objective was to improve the efficiency of the quality control process to lower costs. The only question was how could it meet this challenge while keeping pace with increasing demand?
The Latin America alliance between PepsiCo and Ocean Spray includes key countries in the Caribbean, Central America and South America and has a term of 20 years.
The Brookside product line is primarily sold in the U.S. and Canada, and annual net sales of the business are approximately $85 million Canadian dollars.
The DIY consumer didn't lose steam when it came to spending in 2010. Overall, this category experienced little loss. And with 125 percent growth, Stanley Black & Decker proved the runaway hit.
The transaction is expected to further strengthen PepsiCo business in Brazil and expands its portfolio in South America's largest macro-snack category.
